Netflix’s Sarandos Says Film Strategy Will Not Change With Exit of Scott Stuber
variety.comTodd Spangler NY Digital Editor Netflix is not going to change up its movie strategy in the wake of the exit of film chairman Scott Stuber, according to co-CEO Ted Sarandos.
Sarandos did not directly address Stuber’s departure, news of which came out Monday. But, asked on the streamer’s fourth-quarter 2023 earnings interview about whether “recent management departures” might signal a shift away from original movies, Sarandos replied, “We do not plan to change our strategy or the mix [of licensed and original films].
It’s always going to be that kind of blend of, first window, second window and deep catalog. We think that formula works best to entertain the world.” Netflix’s original movies “are attracting some of the biggest audiences in the world,” Sarandos said, adding that Netflix’s original films outperform licensed titles on balance.
He called out “Leave the World Behind,” the dystopian thriller from executive producers Barack and Michelle Obama that stars Mahershala Ali, Myha’la Herrold, Julia Roberts and Ethan Hawke.
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